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Wednesday, 12 October 2011

Force India sale to be ruled out by Vijay Mallya

Vijay-mallya
Chairman of Force India Vijay Mallya has no plans to sell the Formula One team and has pledged a long-term commitment ahead of the country's maiden grand prix later this month.

In a statement Mallya said that, "No question of my getting out of Force India." He also owns India's second-largest private airline Kingfisher and recently announced plans to exit the low-cost part of the airline business in the next four months and focus on the premium model to reduce debt.
The inaugural Indian Grand Prix is scheduled for October 30 at the 120,000-capacity circuit on the outskirts of Delhi.

Force India, whose current drivers are German Adrian Sutil and Britain's Paul Di Resta, are currently placed sixth in the constructor standings.Vcommindia News

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